National
Inflation slowed in April, but prices continued their steady increase(The Center Square) – Inflation continued its steady rise in April, when the Consumer Price Index increased 8.3% over last year, according to data released Wednesday by the U.S. Bureau… Read More
National
U.S. economy shrank in Q1, raising concerns about stagflation, possible recession(The Center Square) – The U.S. Gross Domestic Product, a key measure of the size of the economy, declined in the first three months of 2022, latest federal economic data… Read More
National
Fed report: Inflation passed on to consumers, will continue for months(The Center Square) – Newly compiled data from the Federal Reserve shows that inflation is hurting businesses, costing consumers, and likely not going away anytime soon. The Federal… Read More
State Government
Illinois Chamber: Record inflation hurting large and small businesses(The Center Square) – Illinois businesses are reeling from record high inflation. The yearly inflation rate hit 8.5% in March – a four-decade high, according to the U.S. Department of… Read More
National
Critics say Biden rewrite of Trump-era rule will raise energy prices, bog down development(The Center Square) – The U.S. Supreme Court temporarily reinstated an environmental regulation that expedites pipeline development that had been tossed out by a lower court. President Joe Biden is… Read More
Opinion
Op-Ed: The hidden tax increase in plain sightAmericans have less money than they had last year – though taxes haven’t been raised. So what’s the problem? Inflation, which has increased at a 40-year high annual pace of… Read More
National
State treasurers to Biden: Prioritize U.S. energy production(The Center Square) – Treasurers and other financial officers from 22 states on Tuesday warned President Joe Biden about the need for U.S. energy independence as gas prices remain near… Read More
National
Feds: Retail food prices to increase by an additional 5%(The Center Square) – The U.S. Department of Agriculture expects U.S. food prices to increase by at least another 5% on average this year as the majority of Americans surveyed… Read More
National
Fed hikes, higher mortgage rates mark consequences of ongoing inflationAs housing prices soar, mortgage rate hike will make it harder for Americans to afford homes (The Center Square) – Mortgage rates surpassed 4% for the first time since 2019… Read More
National
Poll: Americans want more domestic energy production(The Center Square) – The increased pressure on the U.S. oil supply and soaring gas prices have left the vast majority of Americans calling for more domestic oil production. Convention… Read More
National
Wholesale prices jump in January as inflation continues to soar(The Center Square) – Wholesale prices jumped a full percentage point in January and 9.7 percent over last year, the Bureau of Labor Statistics said Tuesday, as inflation continues its… Read More
National
Migration from blue states to certain cities spikes cost of living there(The Center Square) – The cost of living is skyrocketing in certain “migration destination” cities where those fleeing mostly blue states are landing, according to a newly released … Read More
National
Poll: Americans less concerned about COVID, more concerned about economy, inflation(The Center Square) – Americans are more concerned about the economy than COVID-19, even as cases surge nationwide, according to a new poll. The Associated Press-NORC Center for Public Affairs… Read More
National
Food prices reach highest level in a decade(The Center Square) – Food prices hit a 10-year high worldwide, according to the Food and Agriculture Organization of the United Nations (FAO)’s food price index. U.S. companies… Read More